Agustin Fernandez Foundation
Nonprofit profile at a glance
- EIN
- 207441605
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 9172827970
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $18,202
- Expenses
- $16,392
- Assets
- $5,490
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SEBASTIAN FERNANDEZ (PRESIDENT)
People named in this filing
- SEBASTIAN FERNANDEZ (PRESIDENT)
- CLEA FERNANDEZ (DIRECTOR)
- RICHARD NESSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage an understanding and appreciation of mr. Fernandez's artwork.
What it reported doing in 2024
The foundation promotes exhibitions and scholarships about the deceased artist and seeks to place mr. Fernandez's pieces in important museums and collectings around the world for all to enjoy.it also maintains a database that catalogues all work produced by mr.fernandez and an archive about the artist and his work.
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 51
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.5%; rating input score 78
- Program expense ratio: 87.1%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9.9%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -9.9% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -11.4% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -3.2% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 78.5% of revenue deployed · 87.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.